Exelon Corporation (EXC)
Days of sales outstanding (DSO)
Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Receivables turnover | 6.13 | 6.26 | 6.13 | 6.19 | 6.44 | 6.32 | 6.53 | 5.72 | 5.33 | 5.40 | 5.86 | 6.01 | 3.50 | 4.72 | 5.79 | 6.09 | 7.02 | 7.75 | 7.75 | 6.26 | |
DSO | days | 59.50 | 58.27 | 59.50 | 58.92 | 56.64 | 57.79 | 55.91 | 63.82 | 68.48 | 67.54 | 62.30 | 60.68 | 104.30 | 77.25 | 63.04 | 59.98 | 51.96 | 47.10 | 47.10 | 58.27 |
December 31, 2024 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 6.13
= 59.50
Based on the provided data, Exelon Corporation's days of sales outstanding (DSO) has shown some fluctuations over the past few years.
The DSO for Exelon as of December 31, 2021, was 104.30 days, which was notably higher compared to the previous periods. This could indicate that the company was facing challenges in collecting its accounts receivable efficiently during that quarter.
Subsequently, in the following quarters, there was a decrease in DSO, reaching 56.64 days as of December 31, 2023. This decline suggests an improvement in the company's accounts receivable collection process during that period.
However, as of December 31, 2024, the DSO slightly increased to 59.50 days. This moderate increase could indicate a slight delay in collecting receivables compared to the previous quarter.
Overall, monitoring DSO trends is essential for assessing Exelon's effectiveness in managing its accounts receivable and ensuring timely collection of sales revenue. It is recommended for stakeholders to analyze the underlying reasons for any significant fluctuations in DSO to ensure the company's financial health and operational efficiency.
Peer comparison
Dec 31, 2024